Arbeitspapier
The pass-through of exchange rate changes to import prices
In this paper, we analyze the empirical relevance of exchange rate pass-through for Finland, Sweden and Denmark during the period 1980-1994.Further, we attemp to determine if there has been a structural change in the pass-through relationship in 1990s.We find that about half the changes in exchange rates and world prices are passed through to import prices within one year, and three-quarters of such changes are passed through to import prices in two years.Moreover, there are no major differences among countries.Parameter constancy tests indicate the possibility of a structural change where the pass-through has slowed in recent years.Possible explanations of this are that the exchange rate regime has changed and competition has increased.
- ISBN
-
951-686-525-9
- Sprache
-
Englisch
- Erschienen in
-
Series: Bank of Finland Discussion Papers ; No. 26/1996
- Klassifikation
-
Wirtschaft
- Thema
-
exchange rate pass-through
import prices
structural change
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ketelsen, Uwe
Kortelainen, Mika
- Ereignis
-
Veröffentlichung
- (wer)
-
Bank of Finland
- (wo)
-
Helsinki
- (wann)
-
1996
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ketelsen, Uwe
- Kortelainen, Mika
- Bank of Finland
Entstanden
- 1996
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